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B+
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Days90Days on Market
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$279,900

5609 Kerry Ln, Garland, TX, 75043

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,749 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.03 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCeramic Tile, Laminate, Linoleum

Exterior

Lot Size7,316 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26296800090310000
Lot Number31
SubdivisionLake
Land UseResidential
Legal DescriptionLAKE CREST PARK 2 BLK 9 LOT 31 INT201900194392 DD07242019 CO-DC 2968000903100 1CG29680009
Census Tract018142
Assessed Land Value$70,000
Assessed Improvement Value$220,760
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath home in the heart of Garland! This well-maintained property offers a functional layout with comfortable living spaces, perfect for both everyday living and entertaining. Enjoy a spacious living area that flows seamlessly into the dining and kitchen spaces, creating a warm and inviting atmosphere. The primary suite features a private bath, while the additional bedrooms provide flexibility for family, guests, or a home office. Step outside to a generously sized backyard with plenty of room to relax, play, or customize to your liking. Conveniently located near some of Garland’s most popular attractions, including Lake Ray Hubbard for boating and outdoor recreation, Firewheel Town Center for shopping and dining, and several local parks and walking trails. Easy access to major highways makes commuting to Dallas and surrounding areas quick and convenient. Don’t miss your opportunity schedule your showing today!

Investor Tools

Property Icon
$290,760
Estimated Property Value
$185,000Estimated Mortgage Balance
$130,848Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,745 /month
Positive
Cash Flow Estimate:
$582 /month

Interested in this property?

Leslie Lopez

Rendon Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,553
$290,760
2025
$70,000
$220,760
$290,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,553
$290,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Varghese Alexander Etal
Seller Carryback / Seller Financing / Seller Take-Back
$185,000
No
First
Jul 24, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,912
$130,848
45%
55%
$1,110/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,110/mo
+$862/mo
8.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Garland

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